#USConsumerConfidence The Consumer Confidence Index (CCI) is a standardized confidence indicator that provides an indication of the future evolution of household consumption and savings.
The index is based on responses regarding the expected financial situation of households, their perception of the general economic situation, unemployment, and the capacity to save. An indicator above 100 indicates an increase in consumer confidence in the future economic situation, resulting in a tendency to save less and be more inclined to spend money on significant purchases in the next 12 months. Values below 100 indicate a pessimistic attitude about the future evolution of the economy, which may lead to a trend of saving more and consuming less.
This indicator is measured as an index